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  • Tempe Wants Light Rail to Stadium Sooner

    PHOENIX-It hasn't even been built yet but Tempe is already asking that the light rail go faster. The city wants the pace of development to increase so that the system is in place when the new $335-million stadium opens in 2004.

  • Burnham Pacific Sells Off Two More of Its Properties for $19 Mil

    SAN DIEGO-Burnham Pacific Properties Inc. today announced that it has closed on the sale of two retail centers, the Puget Park Shopping Center in Everett, WA and Cameron Park Place in Cameron Park, CA.

  • Novo Industries' 393,000-SF Build-to-Suit Off and Running

    HOUSTON-It's taken two years to get this far, but construction crews are now gathering at a site in northwest Houston, where a 393,000-sf office-warehouse will be built for Novo Industries. The mini-blind manufacturer already owns about 1.5 million sf in the submarket.

  • Snyder Langston Wins Ontario Contract

    ORANGE COUNTY, CA-The Irvine-based builder will construct $5-million, 175,000-sf build-to-suit for a trucking company.

  • Matrix Begins Upgrades of Two Buildings

    NEW BRUNSWICK, NJ-Downtown office properties, which the company bought two years ago, total 210,000 sf. Effort is part of developer's new effort to reach into the Garden State's urban areas.

  • Paul Allen's Lake Union Portfolio Expands

    SEATTLE, WA-Allen's acquisition machine in running at full speed in the South Lake Union area of downtown. With more than 40 acres here already in his portfolio, a purchase of surplus city property will add another five.

  • CB Richard Ellis OKs Buyout Deal

    LOS ANGELES-The real estate giant accepts sweetened, $16-a-share offer from Blum Capital Partners to go private. Deal is worth about $750 million in cash and assumed debt.

  • TCX Companies, Inc. Leases 805,200 SF in Central Indiana

    INDIANAPOLIS-The parent company of TJMaxx and Marshalls signs an 11-year lease on an eventual 805,200-sf build-to-suit in Lauth Property Group's Eaglepoint Business Park in Brownsburg, IN, near three major interstates.

  • Equity/Spieker Merger Includes Millions of Square Feet in the Puget Sound

    SEATTLE, WA-Through its merger with Spieker Properties, Equity Office Properties will acquire more than four million sf of existing office and industrial properties in the Seattle market, plus a proposed 550,000-sf office project in Bellevue.

  • Weingarten's Year-End Results Rosy

    HOUSTON-Weingarten is riding the crest of another successful year, with across-the-board increases coming in for a year-end tally. The annual FFO is $4.42, up 49 cents from the prior year